United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2012_register executive 2012-04-27 article Rules and Regulations D09002ee1c7fd16c7 D09002ee1c7fd1761 United States Small Business Administration originator org United States Government Agency or Subagency In this final rule, the U.S. Small Business Administration (SBA) is defining a new sub-category of small business investment companies (SBICs) which will focus on making equity investments in early stage small businesses. By licensing and providing SBA leverage to these "Early Stage SBICs," SBA seeks to expand entrepreneurs' access to capital and encourage innovation as part of President Obama's Start-Up America Initiative launched on January 31, 2011. This final rule also sets forth regulations applicable to Early Stage SBICs with respect to licensing, capital requirements, non-SBA borrowing, examination fees, leverage eligibility, distributions, and capital impairment. In addition, the final rule makes certain technical changes to the SBIC regulations. 77 FR 25042 https://www.govinfo.gov/app/details/FR-2012-04-27/2012-10120 2012-10120 fr27ap12-4 RIN 3245-AG32 8025-01-P https://www.govinfo.gov/app/details/FR-2012-04-27/2012-10120 https://www.govinfo.gov/content/pkg/FR-2012-04-27/html/2012-10120.htm https://www.govinfo.gov/content/pkg/FR-2012-04-27/pdf/2012-10120.pdf Investment Companies Loan Programs-Business Reporting and Recordkeeping Requirements Small Businesses 14 p. 25042 25055 77 FR 25042 Title 13 Part 107 13 CFR Part 107 RIN 3245-AG32 Small Business Investment Companies-Early Stage SBICs; Federal Register Vol. 77, Issue RULE 2012-10120 SMALL BUSINESS ADMINISTRATION 2012-04-27 8025-01-P 2012-10120 Final rule.

In this final rule, the U.S. Small Business Administration (SBA) is defining a new sub-category of small business investment companies (SBICs) which will focus on making equity investments in early stage small businesses. By licensing and providing SBA leverage to these "Early Stage SBICs," SBA seeks to expand entrepreneurs' access to capital and encourage innovation as part of President Obama's Start-Up America Initiative launched on January 31, 2011. This final rule also sets forth regulations applicable to Early Stage SBICs with respect to licensing, capital requirements, non-SBA borrowing, examination fees, leverage eligibility, distributions, and capital impairment. In addition, the final rule makes certain technical changes to the SBIC regulations.

This rule is effective April 27, 2012. Carol Fendler, Office of Investment, (202) 205-7559 or sbic@sba.gov. Investment Companies Loan Programs-Business Reporting and Recordkeeping Requirements Small Businesses Small Business Investment Companies Early Stage SBICs , sbic@sba.gov http://www.sba.gov/content/early-stage-small-business-investment-company-sbic-inititative Vol. 77, no. 82 Office of the Federal Register, National Archives and Records Administration 2012-04-27 continuing daily deposited born digital 346 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2012-04-27 P0b002ee1825e9e09 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr27ap12 https://www.govinfo.gov/app/details/FR-2012-04-27 https://www.govinfo.gov/content/pkg/FR-2012-04-27/pdf/FR-2012-04-27.pdf https://www.govinfo.gov/content/pkg/FR-2012-04-27/xml/FR-2012-04-27.xml fdlp 25015 25348 DGPO 2012-04-27 2024-06-03 FR-2012-04-27 machine generated eng FR FR-2012-04-27 77 82